Companies will have to invest heavily in safety measures and new protocols, in many cases changing the way they operate. That will leave less money to invest in growth and paying down debts, according to a new report from ratings agency Moody's.
For retailers, the pandemic has accelerated America's shift to e-commerce. Online shopping boomed during the spring lockdown and consumers concerned about safety will probably continue their habit even as shops reopen. This means companies will have to update sales approaches, supply chains and operating strategies.
All this means spending more money that will weigh on profits and balance sheets. Many of those costs will be passed along to the customer.
EBay's booming this year. Seems prices for almost anything on. Ebay are up. As a Canadian if your strapped for cash selling small cheap items on EBay maybe more profitable atm. The lighter the better for cheaper shipping.
Liberalism will bankrupt the country!
The LeaderlessLiberals who have initiated a full out and complicent [ETHICS] EMERGENCY have decimated Canada economy and sovereignty. The UN Agenda21 Agenda2030 will destroy canada. This will be LPC history!
“Creating” The past 5 1/2yrs have been a quagmire. All major industries decimated, investment fled, business fleeing or folding & not a single revenue generating project off the ground in that time. That was before covid. Go libs! Guess we’re so far “forward” we’re at the back
Businesses can much more easily organize and shove the government. No business - no taxes.
The left uses race sexuality poverty crime and abuse as a card for political gain, but when it comes to actually helping people they do nothing. Its just used an exploited to there gain covid is no different.
Thats because of wasteful spending inefficiency un effect and using the pandemic as an excuse or card to gain political gain. Rather than helping people.
Wow that's a super news flash shocker! How many liberal Economists did you have to go to to figure that one out, geniuses
'pandemic', you must mean government overeaction.